Turkey Trade Deficit Smallest in 9 Months âšī¸
Turkey's trade deficit narrowed to USD 6.44 billion in July 2025, with exports rising 11% year-on-year and imports increasing 5.4%, despite a 15% US tariff on Turkish exports.
Moderate economic signals suggest resilient export performance despite trade challenges, with potential implications for emerging market dynamics and regional trade patterns.
Turkey Factory Capacity Use Falls to Over Two-Year Low âšī¸
Turkey's manufacturing industry capacity utilization declined to 73.5% in August 2025, representing the lowest level since March 2023 across multiple manufacturing sectors.
Persistent decline in manufacturing capacity utilization signals potential economic slowdown, reduced industrial productivity, and potential challenges in manufacturing output, which could impact emerging market investments and regional economic performance.
Turkey Jobless Rate Falls to Four-Month Low âšī¸
Turkey's unemployment rate decreased to 8.0% in July, with jobless numbers dropping by 164,000 and total employment increasing by 18,000, while maintaining a steady overall employment rate of 49.1%.
Modest improvement in labor market metrics suggests stable economic conditions with marginal positive employment trends, but without significant macroeconomic disruption or transformative signals.
Turkish Economic Confidence Hits 5-Month High âšī¸
Turkey's Economic Confidence Index increased to 97.9 in August 2025, showing improvement across most economic sectors except construction.
Marginal economic indicator improvement suggests stable economic conditions with mixed sector performance. Slight positive sentiment across services, retail, and manufacturing, but construction sector weakness indicates potential localized challenges.
Turkish Business Confidence Rises to Three-Month High âšī¸
Turkey's manufacturing confidence index rose to 100.6 in August 2025, driven by improved current stock and order sentiments, though forward-looking indicators showed signs of softening.
Mixed economic signals suggest moderate manufacturing performance with current indicators slightly positive but future expectations muted. Incremental changes indicate stability rather than significant growth or decline.